Iceni Gold has identified a high-priority gold target at Goose Well within its 14 Mile Well Project, confirming significant mineralisation through historic drill resampling. A 23-hole reverse circulation drilling campaign is set to begin in late March 2026 to test the system's potential.
- 23-hole, 2,600m reverse circulation drill program planned
- Significant gold intercepts confirmed from historic drill resampling
- Goose Well Intrusive Complex analogous to major Eastern Goldfields deposits
- Strong magnetic and geochemical anomalies support prospectivity
- Drilling scheduled to commence late March 2026 with approvals in place
Exploration Momentum at Goose Well
Iceni Gold Limited (ASX: ICL) has announced a significant step forward in its exploration efforts at the Goose Well prospect, part of the company’s flagship 14 Mile Well Gold Project in Western Australia. Following a comprehensive review and resampling of historic reverse circulation (RC) drill holes, Iceni has confirmed encouraging gold mineralisation, prompting the company to prepare for a maiden 23-hole RC drilling program totaling approximately 2,600 metres.
Geological Setting and Historical Context
Goose Well is situated within a geological environment comparable to some of the region’s most prolific gold deposits, such as Wallaby and Jupiter. The prospect is defined by the Goose Well Intrusive Complex (GWIC), a multi-phase monzo-granite and quartz-syenite intrusion surrounded by a magnetite-rich reaction rim, clearly delineated by aeromagnetic surveys. This complex sits within a structurally complex mafic greenstone sequence, with multiple generations of brittle-ductile faults and shear zones identified through surface mapping.
Confirming Mineralisation Through Resampling
Historic RC drilling from 2014, previously lacking publicly available assay data, was cautiously revisited by Iceni through systematic resampling of well-preserved drill spoil. This exercise yielded significant gold intercepts, including 21 metres at 0.68 grams per tonne gold from 1 metre depth in hole GWRC-12, and 12 metres at 0.64 grams per tonne from 66 metres in GWRC-13. These results, combined with soil geochemistry and rock chip sampling that returned high-grade gold and associated pathfinder elements, have materially strengthened confidence in the prospect’s potential.
Upcoming Drilling Program and Strategic Outlook
With all necessary approvals secured and a drilling rig contracted, Iceni plans to commence drilling at Goose Well in late March 2026. The program aims to test the continuity and scale of the mineralised system, focusing on structurally controlled, syenite-hosted gold mineralisation. Concurrently, the company is integrating regional geological and geophysical data to refine structural models and prioritise additional targets within the broader 14 Mile Well tenement package.
Positioning Within a Rich Gold District
The 14 Mile Well Gold Project covers an extensive 850 square kilometre area in the highly prospective Leonora-Laverton district, home to several multi-million-ounce gold deposits. Iceni’s strategic landholding and systematic exploration approach position it well to unlock value from multiple high-priority targets, with Goose Well now at the forefront of its drilling agenda.
Bottom Line?
As Iceni Gold prepares to drill Goose Well, the market awaits confirmation of a new gold system that could reshape its project portfolio.
Questions in the middle?
- Will the upcoming drilling confirm the continuity and grade of gold mineralisation at Goose Well?
- How might the Goose Well results influence Iceni’s broader exploration strategy across 14 Mile Well?
- What are the potential implications for Iceni’s valuation if a large-scale gold system is delineated?